Residential Finance Survey

Residential Finance Survey: 2001 - United States
Table 2-11. Value, 1-Unit Homeowner Nonmortgaged Properties
^Number of nonmortgaged properties in thousands.
For information on confidentiality protection, sampling error, nonsampling error, and definitions, see text.
For minimum base for derived figures (percent, median, etc.) and meaning of symbols, see text^^

		Value
	Total	Less than $20,000	$20,000 to $39,999	$40,000 to $59,999	$60,000 to $79,999	$80,000 to $99,999	$100,000 to $124,999	$125,000 to $149,999	$150,000 to $174,999	$175,000 to $199,999	$200,000 to $249,999	$250,000 to $299,999	$300,000 to $499,999	$500,000 or more	Median (dollars)
1-housing-unit nonmortgaged properties	18992	1197	1855	2220	2517	2130	2025	1360	1256	737	1055	872	1243	526	96038
PROPERTY CHARACTERISTICS Source of Downpayment@1 Properties purchased 1995 to 2001 (part)	2788	153	248	205	313	236	296	268	205	172	195	137	241	118	120198
Sale of previous home	1150	31	57	48	95	91	137	129	121	95	104	59	144	39	147435
Sale of other real property or other investments	218	0	9	6	32	18	17	22	14	20	7	11	33	29	159690
Savings	1069	69	117	75	109	75	97	93	76	71	63	76	81	68	123330
Borrowing from a retirement plan	31	0	6	1	0	8	3	0	6	0	0	0	4	3	108081
Borrowing using assets other than this property as collateral	49	0	4	0	4	7	18	5	0	0	6	5	0	0	112643
Proceeds from an insurance policy	33	0	5	0	6	0	4	9	0	0	9	0	0	0	130073
Payments in a lease-purchase agreement	34	3	10	4	4	4	0	0	0	4	5	0	0	0	58837
From a state or local government source	12	0	0	9	4	0	0	0	0	0	0	0	0	0	54252
From a non-profit organization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
From parents or relatives	122	15	9	9	4	7	16	16	15	0	2	13	12	4	126111
Other	12	0	0	0	0	0	3	0	0	0	0	4	0	4	281198
No downpayment required	334	39	26	43	45	26	51	23	12	13	26	3	10	16	91007
Not reported	158	4	15	17	31	24	5	14	8	7	4	9	20	0	90277
Other properties	16112	1044	1593	2008	2196	1874	1723	1086	1046	565	860	720	997	398	92967
Not reported	92	0	13	7	8	20	6	5	4	0	0	14	6	9	97663
Year Structure Built 1999 to March 2000	328	25	50	35	17	11	29	40	18	16	20	13	30	25	122448
1997 and 1998	351	7	23	27	26	28	24	19	48	30	38	15	51	15	161066
1995 and 1996	331	10	16	23	23	36	28	32	35	25	26	40	26	12	148654
1990 to 1994	904	32	19	51	73	69	150	96	108	40	76	46	112	31	139760
1980 to 1989	1916	75	86	122	225	196	218	164	179	107	139	133	205	67	130542
1970 to 1979	3081	103	237	287	411	388	423	256	250	156	174	147	203	47	106820
1960 to 1969	3438	211	340	293	470	457	464	275	194	99	212	136	190	97	97730
1950 to 1959	3680	196	376	491	578	457	353	211	237	107	199	180	203	93	88701
1940 to 1949	1708	184	215	294	274	158	106	125	61	46	51	74	67	55	71796
1939 or earlier	3255	355	492	596	420	331	231	142	125	112	121	88	157	83	68755
Purchase Price as Percent of Value@8 Acquired by purchase	16601	981	1556	1847	2127	1876	1842	1218	1150	666	961	784	1114	478	99073
Purchased 1997 to 2001 (part)	2001	128	166	135	224	184	208	185	129	124	141	99	183	95	119731
Less than 60 percent	500	13	58	57	62	51	33	38	24	29	33	21	46	35	106556
60 to 69 percent	270	33	41	22	18	15	22	31	14	7	20	17	28	4	108176
70 to 79 percent	167	12	10	21	16	8	5	5	14	17	19	8	16	17	162371
80 to 99 percent	733	29	14	20	95	77	103	89	54	61	52	34	64	40	132754
100 percent or more	322	36	43	14	33	32	42	22	22	11	17	19	29	0	100795
Median	82	83	66	65	83	85	88	84	84	83	79	82	80	75	...
Purchased 1990 to 1996 (part)	2341	77	175	189	296	204	293	217	248	113	143	138	178	70	119536
Less than 40 percent	310	7	28	28	27	42	37	23	20	13	11	19	38	15	114968
40 to 59 percent	454	4	47	35	74	39	34	21	66	30	28	30	26	21	121327
60 to 79 percent	791	36	72	54	113	61	106	76	62	25	63	58	46	20	114299
80 to 99 percent	628	17	19	57	61	38	101	77	88	36	37	26	68	4	131992
100 percent or more	142	13	9	13	12	21	16	19	11	9	5	5	0	10	106183
Median	70	75	64	71	67	66	75	77	72	71	71	67	71	59	...
Purchased 1989 or earlier	12258	776	1216	1523	1607	1488	1341	816	773	429	677	548	752	313	93542
Less than 20 percent	3668	10	151	315	458	459	472	299	327	131	271	250	376	149	123342
20 to 39 percent	2809	47	241	392	451	381	385	169	172	95	134	110	165	66	94347
40 to 59 percent	2450	53	227	340	345	343	277	154	150	103	160	119	120	59	95148
60 to 79 percent	2525	588	507	311	236	245	136	116	102	73	83	44	52	32	50764
80 to 99 percent	477	18	36	96	72	31	48	59	19	17	24	18	36	4	90941
100 percent or more	300	61	50	61	42	21	22	20	4	10	4	4	0	3	53004
Median	37	69	59	43	35	35	30	33	27	38	30	24	20	22	...
Not acquired by purchase	2391	216	298	372	390	254	183	142	106	71	94	87	130	48	75850
Age Restrictions Property located in subdivision restricted to people age 55 or older	532	16	46	31	82	63	64	59	45	23	30	50	19	4	110739
Property located in subdivision not restricted to people age 55 or older	16964	955	1622	1978	2247	1889	1829	1216	1139	690	998	748	1161	494	97803
Not reported	1496	226	187	212	187	178	132	85	71	25	27	74	63	28	73211
Neighborhood Composition Property located in subdivision or neighborhood occupied predominantly by people age 55 or older	2653	147	262	333	381	310	332	131	164	113	145	105	161	71	93187
Property located in subdivision or neighborhood not occupied predominantly by people age 55 or older	9994	513	885	1144	1345	1073	1076	793	719	396	591	451	723	286	100874
Don't know or not reported	6344	537	708	744	790	747	617	436	373	228	320	316	360	169	90524
OWNER CHARACTERISTICS Age of Owner Under 25	54	0	27	16	0	4	4	0	4	0	0	0	0	0	40675
25 to 34	234	16	35	24	28	29	26	4	6	3	18	16	26	5	89999
35 to 44	950	73	89	169	103	102	96	69	51	33	35	52	47	31	88063
45 to 54	2296	157	206	246	287	239	219	169	148	117	137	118	167	86	101455
55 to 64	3609	165	314	335	452	373	427	298	274	182	244	155	255	135	109674
65 to 74	4866	262	445	504	647	604	607	322	340	172	298	231	327	107	99024
75 and over	5336	336	515	702	773	634	491	374	355	196	276	220	340	122	90760
Not reported	1647	187	224	225	225	146	156	124	79	34	47	79	81	40	76685
Median	68	69	68	69	69	69	68	67	68	66	67	67	68	64	...
Race of Owner White alone	17161	1005	1526	1910	2235	1949	1887	1255	1203	708	1008	827	1157	492	99543
Black or African American alone	1395	175	310	263	221	106	99	77	22	26	15	32	32	17	56162
American Indian or Alaska Native alone	98	11	4	15	16	37	7	0	0	0	4	0	3	0	81107
Asian alone	246	0	8	21	30	27	20	28	21	4	17	9	43	17	139976
Native Hawaiian or Other Pacific Islander alone	15	0	0	0	4	3	0	0	5	0	4	0	0	0	153332
Two or more races	77	5	7	11	10	8	11	0	5	0	8	4	7	0	93060
Sex of Owner Male/Male and female co-owners	12736	735	1067	1326	1693	1342	1432	920	955	528	779	646	929	383	103569
Female	6256	461	788	894	824	789	593	439	301	210	276	225	314	142	84112
Hispanic/Latino Origin Hispanic/Latino owner(s) only	1093	92	192	193	152	117	74	51	57	23	47	36	47	12	69081
No Hispanic/Latino owner(s)	17899	1105	1662	2026	2364	2014	1951	1309	1199	714	1009	835	1196	514	97793
Income Less than $5,000	2649	214	227	419	415	243	293	168	125	109	140	113	103	80	84039
$5,000 to $9,999	1027	161	185	213	181	111	45	22	28	29	14	12	16	9	55620
$10,000 to $14,999	1518	141	297	225	205	197	151	71	81	24	21	23	62	20	69405
$15,000 to $19,999	1346	169	260	165	212	170	123	64	61	30	31	24	30	8	67543
$20,000 to $24,999	1498	97	180	219	240	199	157	98	77	54	54	43	49	31	81313
$25,000 to $29,999	1269	75	119	143	197	165	174	121	80	57	57	51	22	8	92275
$30,000 to $34,999	1287	72	119	167	231	135	115	92	102	37	73	53	82	9	88035
$35,000 to $39,999	1032	58	83	121	152	151	130	76	90	28	52	37	43	11	93490
$40,000 to $49,999	1774	80	142	210	254	204	251	149	139	59	78	72	110	26	99704
$50,000 to $59,999	1278	34	79	123	131	177	154	111	105	82	70	100	99	12	115478
$60,000 to $79,999	1649	59	108	99	170	200	203	152	130	67	151	94	183	33	123220
$80,000 to $99,999	873	11	16	54	58	86	98	85	91	55	119	69	113	18	157764
$100,000 to $119,999	598	9	16	17	46	47	56	77	61	41	60	45	78	44	162449
$120,000 or more	1194	19	24	45	24	46	73	71	86	65	135	136	253	217	253065
Median	30735	17438	19192	22001	25147	29413	32973	37811	39106	40300	51028	50814	60531	97267	...
Mean	46781	24248	27402	28956	31730	37986	42044	53110	50927	52607	65140	65627	92408	157161	212022
Owned Home Previously Previously owned home	10176	344	617	947	1242	1116	1142	885	798	527	703	522	929	404	117976
Never owned home before	7462	658	1042	1080	1092	869	759	405	402	176	332	291	262	93	77426
Not reported	1353	194	196	192	182	144	124	70	56	34	20	58	52	29	70302
RECURRING EXPENSES Real Estate Tax Acquired before 2000	18038	1122	1717	2140	2411	2055	1939	1299	1213	676	961	831	1172	500	95853
Less than $100	3873	568	608	585	533	419	336	198	179	48	115	95	144	45	66573
$100 to $199	514	135	141	99	61	42	24	0	4	0	9	0	0	0	37350
$200 to $299	614	95	137	127	123	64	38	10	3	0	6	5	0	6	51757
$300 to $399	678	126	95	145	141	42	46	34	18	7	3	11	4	5	56267
$400 to $499	732	93	110	154	134	55	69	19	48	4	25	17	4	0	61355
$500 to $599	777	44	112	155	152	97	74	48	45	10	24	5	13	0	70272
$600 to $699	777	0	140	165	196	74	73	21	13	12	33	20	25	3	68450
$700 to $799	724	0	77	117	152	157	70	36	26	19	16	21	23	8	81895
$800 to $899	705	0	90	78	119	139	110	50	23	26	25	18	16	10	89343
$900 to $999	510	0	76	83	72	96	76	29	17	23	11	14	12	0	85040
$1,000 to $1,249	1382	0	78	120	280	280	195	100	103	60	36	51	66	13	95134
$1,250 to $1,499	837	0	0	83	99	118	177	122	84	67	31	14	34	7	116753
$1,500 to $1,999	1423	0	0	109	166	198	181	212	168	75	104	58	94	60	131918
$2,000 to $2,499	1195	0	4	0	95	139	168	144	172	86	174	84	116	13	156838
$2,500 or more	2463	0	5	3	11	57	182	194	271	185	315	362	575	302	251091
Not reported	834	62	42	117	77	77	120	81	40	55	34	56	45	27	108701
Median	788	93	264	436	612	828	991	1381	1571	1732	2074	2344	2043035	21792937	...
Mean	1266	146	365	497	708	876	1112	1398	1705	1952	2047	2378	2896	5659	251324
Acquired 2000 and 2001 (part)	954	75	138	80	105	76	86	61	42	61	94	40	71	25	101168
Real Estate Tax Per $1,000 Value Acquired before 2000	18038	1122	1717	2140	2411	2055	1939	1299	1213	676	961	831	1172	500	95853
Less than $5	5510	526	642	723	748	575	499	305	318	105	260	231	366	210	84037
$5 to $9	3539	38	216	318	503	431	443	249	249	224	181	178	379	130	114901
$10 to $14	3392	22	169	380	480	467	383	321	276	125	298	211	176	82	111560
$15 to $19	1847	51	138	243	248	258	197	184	137	81	102	81	102	28	98906
$20 to $24	1232	49	166	138	159	123	147	97	85	58	46	51	90	23	96803
$25 to $29	555	46	100	51	88	67	53	47	37	17	23	23	4	0	78203
$30 to $39	1092	328	224	166	99	57	96	15	66	11	18	0	11	0	39432
$40 to $49	11	0	5	0	0	0	0	0	5	0	0	0	0	0	39247
$50 to $59	10	0	7	3	0	0	0	0	0	0	0	0	0	0	34986
$60 or more	16	0	8	0	8	0	0	0	0	0	0	0	0	0	39191
Not reported or not computed	834	62	42	117	77	77	120	81	40	55	34	56	45	27	108701
Median	9	6	10	10	9	10	10	11	10	10	10	9	8	6	...
Acquired 2000 and 2001 (part)	954	75	138	80	105	76	86	61	42	61	94	40	71	25	101168